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Bureau of Internal Revenue
Philippines to impose 12% VAT on foreign digital services
Philippine President Ferdinand "Bongbong" Marcos Jr. has officially signed Republic Act 112023, mandating a 12% VAT on digital services provided...
Philippine finance chief urges tax bureau to drive revenue growth through digitalization
The Philippines' finance secretary has underscored the role of the Bureau of Internal Revenue in ensuring the government meets its...
Digitalization to play important role in Philippines’ new tax law
While Philippine Senator Sherwin Gatchalian agreed to the need to utilize blockchain tech cautiously, tax advisor Mon Abrea emphasized the...
Philippines: Kroptoken, Calcoins founder charged with tax evasion
Joseph Calata and his business entities have accumulated a total aggregate liability of over $6.8 million with the matter instituted...
Philippines finance secretary urges BIR and BoC to embrace digitization
Benjamin Diokno allayed the fears of citizens by stating that there would be no increase in taxes. Rather the agencies...
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